Cibus Nordic Real Estate AB (publ) contemplates issuance of senior unsecured green notesCibus Nordic Real Estate AB (publ) ("Cibus" or "the Company") has mandated Danske Bank A/S, Danmark, Sverige Filial ("Danske Bank") and Nordea Bank Abp ("Nordea") as joint bookrunners to arrange fixed income investor meetings starting March 21. The purpose is to investigate the possibility to issue EUR denominated senior unsecured green notes in an expected amount of EUR 40 million with a tenor of 2.75 years (the "New Senior Unsecured Notes") under Cibus' existing medium term note programme. A capital markets transaction may follow subject to market conditions. NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA) OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED) OR IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS DOCUMENT. THE DISTRIBUTION OF THIS DOCUMENT IN CERTAIN JURISDICTIONS (IN PARTICULAR, THE UNITED STATES AND THE UNITED KINGDOM) MAY BE RESTRICTED BY LAW
The proceeds from the issuance of the New Senior Unsecured Notes will be used to finance or refinance green buildings in accordance with Cibus' green bond framework dated May 2020. The Company is currently evaluating a number of possible acquisitions, both smaller and larger real estate portfolios. Depending on the size of the acquisition targets, besides bank financing and the proposed bond issue, issuance of equity may also be considered. Links to the green bond framework and second opinion are available below.
Green bond framework: https://www.cibusnordic.com/media/203709/cibus-green-bond-framework-may-2020-final-1.pdf
Second opinion: https://www.cibusnordic.com/media/203708/cibus-green-bond-framework-second-party-opinion-final-1.pdf
Roschier has acted as legal advisor in connection with the transaction. For further information, please contact:
Sverker Källgården, CEO, Cibus Nordic Real Estate AB (publ), tel: +46 761 444 888
Pia-Lena Olofsson, CFO, Cibus Nordic Real Estate AB (publ), tel: +46 708 580 453
This information constitutes insider information that Cibus Nordic Real Estate AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information in this press release was submitted for publication by the contact persons set out above, for publication at the time specified by Cibus' news distributor beQuoted at the time of publication of this press release. The above persons can also be contacted for further information.
The following documents can be retrieved from beQuoted
Cibus Pressrelease 2022-03-21.pdf Cibus is a real estate company listed on Nasdaq Stockholm Mid Cap. The company's business idea is to acquire, develop and manage high quality properties in the Nordics with daily goods store chains as anchor tenants. The company currently owns more than 400 properties in the Nordics. The main tenants are Kesko, Tokmanni, Coop, Lidl and S Group.
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